On Wednesday 21st June, the Financial Conduct Authority published a consultation paper on ‘Advising on Pension Transfers’. One of our Pension Transfer Specialists, Lewys Richards, writes about the impact this will have on our clients.     (more…)
Jun 29, 2017 By Prism IFA Pensions & Retirement Read more
Saving for a first home or retirement at the same time. The start of the new tax year on 6 April 2017 saw the launch of the Lifetime ISA (LISA), which was announced in the 2016 Budget. (more…)
Jun 14, 2017 By Prism IFA Mortgages & Property, Pensions & Retirement Read more
Over-55s risk falling prey to the inheritance ‘sibling tax trap’. On 6 April 2017, a new additional main residence nil-rate band (RNRB) was introduced, which allows for less Inheritance Tax to be paid in situations when a family home is left to children, grandchildren or certain other ‘qualifying beneficiaries’ – including stepchildren and foster children. (more…)
Jun 8, 2017 By Prism IFA Tax Read more
Millions of Britons face financial fallout should serious illness strike. It’s easy to think that we will never be diagnosed with a critical illness, particularly when we feel healthy and energetic, but we can fall ill with very little warning. A critical illness can have a serious impact not only on Your OWN life, but also on the lives of your children, spouse or partner. So it’s ...
Jun 5, 2017 By Prism IFA Other Services Read more